Price as of 28 November 2023, taken from the FXCM Trading Platform. The conversions from to are an approximation. They are used for illustrative purposes only and they do not constitute the rate at which funds will be converted when funding an FXCM account. For up-to date / rates please check with your local banking institution prior transferring funds.
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FXCM will only conduct business with a client for whom it considers such business to be appropriate and in assessing appropriateness, will rely on the information provided by the client in his/her/their application form. For this reason, it is essential that you immediately advise us in writing if there is subsequently an adverse change in the information you have provided.
This product summary should be read in conjunction with our Terms of Business. While every effort has been made to ensure the accuracy of this guide, this information is subject to change, often without notice, and therefore is for guidance only. If you ever have any questions please contact FXCM directly.
Compensation: When executing customers' trades, FXCM can be compensated in several ways, which include, but are not limited to: spreads, charging commissions at the open and close of a trade, and adding a mark-up to rollover, etc. Commission-based pricing is applicable to Active Trader account types.
Commissions: Commission-based pricing is available on Active Trader account types. Commissions are charged at the open and close of trades in the denomination of the account.
Execution Disclaimer: FXCM is your counterparty to every transaction. FXCM aggregates bid and ask prices from a pool of liquidity providers and is the final counterparty when trading forex/CFD on FXCM's trading platform. Note: Contractual relationships with liquidity providers are consolidated through the FXCM Group, which, in turn, provides technology and pricing to the group affiliate entities.
Price arbitrage strategies are prohibited and FXCM determines, at its sole discretion, what encompasses a price arbitrage strategy. Spreads are variable and are subject to delay. Leverage for FX and CFDS varies per instrument. Major currency pairs default to 30:1, non-major currency pairs, gold and major indices default to 20:1, commodities other than gold and non-major equity indices default to 10:1 and individual equities and other reference values default to 5:1.